TAS Stamp Duty 2026-27: Rates, First Home Buyer Changes and Foreign Surcharge
A significant change takes effect in Tasmania from 1 July 2026: the 100% stamp duty exemption that applied to established homes up to $750,000 for first-home buyers — available for settlements between 18 February 2024 and 30 June 2026 — has expired in its current form. For the 2026-27 financial year, first-home buyers purchasing an existing home should not assume duty relief unless new legislation is passed. New-home purchases continue to be supported through the $10,000 First Home Owner Grant.
TAS property transfer duty rates for FY2026-27:
- Up to $3,000: $50 flat
- $3,001–$25,000: $50 plus 1.75% of the amount over $3,000
- $25,001–$75,000: $435 plus 2.25% of the amount over $25,000
- $75,001–$200,000: $1,560 plus 3.5% of the amount over $75,000
- $200,001–$375,000: $5,935 plus 4.0% of the amount over $200,000
- $375,001–$725,000: $12,935 plus 4.25% of the amount over $375,000
- Over $725,000: $27,810 plus 4.5% of the amount over $725,000
For a $450,000 Hobart property: duty is $12,935 plus 4.25% of ($450,000 minus $375,000) = $12,935 plus $3,187.50 = $16,122.50. For a $600,000 property: $12,935 plus 4.25% of $225,000 = $22,497.50. For an $850,000 property: $27,810 plus 4.5% of $125,000 = $33,435. Tasmania’s duty rates are moderate compared to mainland states — a $600,000 home attracts about $22,500 in duty, compared to roughly $31,000 in Victoria for the same price.
First-home buyer established-home relief: expired 30 June 2026
The 100% transfer duty exemption for first-home buyers purchasing established homes up to $750,000 was a time-limited measure that applied to settlements from 18 February 2024 through 30 June 2026. As at July 2026 — the start of the new financial year — this relief has expired in its current form. First-home buyers settling on or after 1 July 2026 on an established home should budget for the full standard transfer duty at the rates above, unless the Tasmanian Government renews or replaces the relief.
This expiration is material for first-home buyers in Hobart, Launceston and regional Tasmania. For a $500,000 established home, the duty under standard rates is approximately $18,250 — which would have been zero under the expired relief. Buyers who exchanged contracts but have not yet settled should confirm with their conveyancer whether their settlement date qualifies under the transitional provisions of the expired scheme.
The policy landscape may change — the Tasmanian Government could announce a replacement scheme in the 2026-27 state budget or through separate legislation. First-home buyers should monitor SRO Tasmania announcements and seek updated advice before making an offer based on assumed duty relief.
First Home Owner Grant: $10,000 for new homes
Tasmania’s FHOG remains at $10,000 for new homes. It applies to newly constructed dwellings, off-the-plan purchases and substantial renovations. There is no published maximum purchase price for the FHOG in Tasmania — the grant is available for eligible new homes at any price. The FHOG continues unaffected by the expiration of the established-home duty relief.
For a first-home buyer purchasing a new home in Tasmania: you receive the $10,000 FHOG but pay the standard transfer duty on the purchase (unless a separate new-home duty concession is introduced). This contrasts with states like Queensland and South Australia where new-home duty is zero for first-home buyers. The practical outcome is that building or buying new in Tasmania does not currently carry the same duty advantage as in Queensland or SA — the primary incentive is the FHOG only.
Foreign investor duty surcharge (FIDS): 8% on residential property
Foreign purchasers acquiring residential property in Tasmania pay an additional 8% Foreign Investor Duty Surcharge on the dutiable value, on top of the standard transfer duty. For a $500,000 property, the foreign surcharge is $40,000. The surcharge applies to foreign natural persons, foreign corporations and trustees of foreign trusts. Tasmania’s FIDS rate (8%) is in the mid-range compared to the eastern states (NSW 9%, VIC 8%, QLD 8%).
Duty concessions for pensioners and eligible first-home buyers (if renewed)
Prior to the established-home relief expiration, Tasmania also offered a duty concession of 50% (up to $4,000) for eligible pensioners and a first-home buyer vacant land concession. The status of these concessions should be verified through SRO Tasmania for the 2026-27 year. Concessions that are legislated on an ongoing basis (rather than time-limited) continue unless repealed.
How to budget for TAS stamp duty in 2026-27
For a first-home buyer purchasing an established home in Tasmania from 1 July 2026: budget for the full standard duty at the rates listed above. For a $400,000 home, the duty is approximately $13,800. For a $550,000 home, approximately $20,300. Add conveyancing fees (roughly $1,000–$1,500 in Tasmania) to your total funds target.
For a first-home buyer purchasing a new home: budget for the standard duty on the purchase price minus any available concessions, plus the FHOG offset. Given that Tasmania’s FHOG is $10,000, a $500,000 new home effectively nets out to approximately $8,250 in duty after the grant (standard duty of $18,250 minus $10,000 FHOG).
Information sources
All TAS transfer duty rates, the established-home relief expiration date (30 June 2026), FHOG amounts and FIDS surcharge percentages are sourced from the State Revenue Office of Tasmania as at July 2026. Rates are per the Duties Act 2001 (Tas). The expiration of the established-home relief is a factual event at 1 July 2026; check SRO Tasmania for any replacement scheme announcements.
Frequently asked questions
Is there any stamp duty relief for first-home buyers in Tasmania in 2026-27?
As at July 2026, the established-home stamp duty relief that applied to settlements up to 30 June 2026 has expired. First-home buyers purchasing an existing home from 1 July 2026 should budget for full standard duty. Monitor SRO Tasmania for any replacement scheme.
What happened to the 100% duty exemption on homes up to $750,000?
That exemption was a time-limited measure for settlements from 18 February 2024 to 30 June 2026. It has expired. Settlements from 1 July 2026 are not covered unless the Tasmanian Government extends or replaces the scheme.
Can I still get the FHOG in Tasmania?
Yes, Tasmania’s $10,000 First Home Owner Grant for new homes continues unaffected. It is available for newly constructed homes, off-the-plan purchases and substantial renovations with no maximum purchase price.
Does Tasmania have a foreign owner land tax surcharge?
Tasmania’s foreign surcharge is a transfer duty surcharge (8% FIDS) applied at purchase. Tasmania does not currently impose an ongoing annual foreign owner land tax surcharge in the same way as NSW or Victoria.
Next step: verify your TAS stamp duty position
Given the expiration of the established-home relief, Tasmanian first-home buyers face a changed duty landscape in 2026-27. To confirm your exact duty liability and how it affects your borrowing, speak with an Arrivau licensed mortgage consultant — we respond within one business day.
General information disclaimer
This article is general information only and is not personal financial, tax, legal or credit advice. Tasmanian transfer duty rates, concessions and relief schemes can change. Arrivau Pty Ltd (ABN 81 643 901 599) provides credit assistance as an ASIC Credit Representative, CRN 530978. Obtain independent legal and duty advice from a licensed Tasmanian conveyancer or solicitor before purchasing property.